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#pounditFriday, March 29, 2024

Report: Panthers bidding has reached record price

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The Carolina Panthers could be on their way to becoming the most expensive franchise of all time.

According to Scott Soshnick of Bloomberg, bidding for the Panthers has reached $2.5 billion, which would eclipse the Houston Rockets’ $2.2 billion sale price as the most expensive of all time.

This price is leaving a few potential bidders behind. That includes Michael Rubin of Fanatics, whose group may have potentially involved Diddy and Stephen Curry. Rubin, however, won’t meet the reported asking price.

Bedrock Industries CEO Alan Kestenbaum is still involved in the process, according to Bloomberg.

This price is more or less right in line with what some experts saw coming as the bidding process got underway. They’re a successful team in the NFL, so it can’t come as a shock. It only makes you wonder what eye-watering sums some other franchises could fetch if they went up for sale.

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